9/27/2011 10:34:00 AM
Since end-Aug, 2011, Shandong Shengfengyang Co., Ltd. has planned to invest US$ 99.8 million to build a R&D base for special-type PET films with 90 kt/y capacity in Weifang high-tech zone.The project will bring in the most advanced technology of producing films, with the advantages of high ef…
9/26/2011 1:40:00 PM
China will soon unveil the 12th Five-year Plan for the development of the country´s advanced materials industry, Minister of Industry and Information Technology Miao Wei said on September 6th.The text of the plan, which covers the 2011-2015 period, has been completed, Miao said. The governm…
9/26/2011 10:30:00 AM
BEIJING - China faces pressure of price rises and capital inflows in the short term while its economic outlook remains positive, central bank governor Zhou Xiaochuan has said. "At present and in the following period, China´s economic growth momentum remains relatively strong, but in th…
9/22/2011 2:27:00 PM
BEIJING - The State Council, or China´s cabinet, announced on Wednesday the adjustment of China´s resource tax rate for crude oil and natural gas.The announcement, which came out of an executive meeting of the State Council chaired by Premier Wen Jiabao, came after officials agree…
9/22/2011 9:40:00 AM
Andritz Group of Graz, Austria, has agreed to buy the nonwoven’s division of the France-based NSC Group. The acquisition, which includes Asselin-Thibeau of Elbeuf, France, and NSC Wuxi of Wuxi, China, makes and supplies machinery and systems for the production of drylaid nonwovens, selling mostly t…
9/21/2011 2:01:00 PM
As this year’s harvest approaches, the China Cotton Analysis Conference was held on Sep.15 by China Cotton Association . More and more farmers are seen switching to cotton as both domestic and global prices remain high which is a big incentive for them. China Cotton Association announced that this y…
9/16/2011 10:17:00 AM
BEIJING - More than half of bank executives expect higher interest rates in the fourth quarter of this year, down 11.8 percentage points from the second quarter, the People´s Bank of China said Thursday.Around 40 percent of bank executives said they believe interest rates will remain unchan…
9/15/2011 10:51:00 AM
Since August, RMB exchange rate against US dollar ushered a new age of 6.3, this has an enormous impact on the textile export of Hebei. Statistical Reports of Hebei Textile and Apparel Association for July suggested that once the RMB exchange rate against US dollar goes up for 1 percent, turns out th…
9/13/2011 1:34:00 PM
HARBIN, Sept. 6 (Xinhua) -- China will soon unveil the 12th Five-Year Plan for the development of the country´s advanced materials industry, Minister of Industry and Information Technology Miao Wei said here Tuesday.The text of the plan, which covers the 2011-2015 period, has been completed…
9/13/2011 10:36:00 AM
Excessive strengthening could hit exports as world economy weakensBEIJING - The appreciation of Chinese currency will continue to follow a gradual pace despite the upcoming push of visiting French Foreign Minister Alain Juppe for a faster speed of the renminbi´s rise, economists said on Mon…
